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Jul 22, 2011
07/11
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holt of new jersey. the chair: pursuant to house resolution 359, the gentleman from new jersey, mr. holt, and a member opposed each will control five minutes. the chair recognizes the gentleman from new jersey. mr. holt: thank you, madam chair. for 23 years congress had the benefit of a really excellent organization, the office of technology assessment. the o.t.a. helped congress look at the policy implications of new technologies. then 16 years ago o.t.a. was defunded. when congress turned out the lights, they argued that other organizations would provide what o.t.a. did. think tanks, academy, universities. we now have 16 years of evidence that we have not gotten from these other source what is we got from o.t.a. we need o.t.a. now more than ever and my amendment would shift a mere $2.5 million into o.t.a. to breathe life back into this important agency that had a great record of improving congressional decisionmaking, preventing tax dollar waste, and generally improving the debate on many policy issues. o.t.a. is still in the books. it was simply defunded. with this amendment can
holt of new jersey. the chair: pursuant to house resolution 359, the gentleman from new jersey, mr. holt, and a member opposed each will control five minutes. the chair recognizes the gentleman from new jersey. mr. holt: thank you, madam chair. for 23 years congress had the benefit of a really excellent organization, the office of technology assessment. the o.t.a. helped congress look at the policy implications of new technologies. then 16 years ago o.t.a. was defunded. when congress turned out...
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Jul 28, 2011
07/11
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new jersey. let's start with the op-ed in "the washington post," why the tea party says no, written by judson phillips, the founder of tea party nation. he writes -- guest: selective facts -- or fiction, rather. put it together and it sounds wonderful and we will probably write a book about it. many presidents, both democrat and republican, have increased, with no problem whatsoever, the limit on how much money the country can borrow. after the second world war, any president or congress would have taken that particular attitude. we would not be the first-rate -- if, after the second world war, any president or congress would have taken that particular attitude, then we would not be the first-rate country that we are running a country is not the same as running york family budget. it is very different. you can make mistakes on both. there is no question about it. we're talking about a country that deals with other countries in the world. we are the world leader. our money to pay your bills -- you
new jersey. let's start with the op-ed in "the washington post," why the tea party says no, written by judson phillips, the founder of tea party nation. he writes -- guest: selective facts -- or fiction, rather. put it together and it sounds wonderful and we will probably write a book about it. many presidents, both democrat and republican, have increased, with no problem whatsoever, the limit on how much money the country can borrow. after the second world war, any president or...
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Jul 3, 2011
07/11
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jersey city, new jersey, good morning. caller: your guest is obviously well versed in the political landscape. of young politicians. for a better standpoint, -- from a boater standpoint, i don't have a preference whether the candidate is older or younger or 35 or 55 or 75. i just want them to be sincere and honest and have accomplished something in their life as opposed to their father was a career politician or where uncle. -- or their uncle. i want to show some track record. handling local and state government issues before they reach the federal level. host: and i ask you a question? you have a young elected official running to be your mayor in jersey city. what you think about him? caller: i don't know that much about him and there as not been much coverage of local news. i watch the new york-based channels and there is not a lot. we need to do better with providing coverage for our young candidates. when sarah palin was running for president a couple of years ago, had she said that she is not strong in foreign relatio
jersey city, new jersey, good morning. caller: your guest is obviously well versed in the political landscape. of young politicians. for a better standpoint, -- from a boater standpoint, i don't have a preference whether the candidate is older or younger or 35 or 55 or 75. i just want them to be sincere and honest and have accomplished something in their life as opposed to their father was a career politician or where uncle. -- or their uncle. i want to show some track record. handling local...
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Jul 22, 2011
07/11
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salem county, new jersey is um salem county, new jersey is um next. -- up next. lester is on the air. caller: i am about as left as you can get. i am intrigued by buddy romer. he doesn't want to take any money out from big business and -- people in salem county, you know me, you will see the sign for buddy romer. if he's a real man and not flash in the pan, this is what i'm going to do. host: lester, thanks. this is a call from carl, a democrat. good morning, carl. caller: hello. i just am appalled about the guy you read about the rating agencies and the guy you asked who has to protect his reputation. those are the same people that gave triple-a to the junk mortgage. these people are crooks. i haven't figure tigged it out -- i haven't figured it out yet. host: james is a republican. we can hear you. what's your comment? caller: i'm on slsss. host: james, i'm sorry. when you call in and leave the television on, the delay gets confusing for you and also for us. georgia. you are on the air. caller: i am a single parent with four children and i live on disability. i
salem county, new jersey is um salem county, new jersey is um next. -- up next. lester is on the air. caller: i am about as left as you can get. i am intrigued by buddy romer. he doesn't want to take any money out from big business and -- people in salem county, you know me, you will see the sign for buddy romer. if he's a real man and not flash in the pan, this is what i'm going to do. host: lester, thanks. this is a call from carl, a democrat. good morning, carl. caller: hello. i just am...
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Jul 11, 2011
07/11
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mark from new jersey, independent scholar. caller: i was on the phone this morning talking about what you are talking about here. by running for statewide office here in new jersey. i am completely against the trade deals. we take and shipping our jobs overseas. we sell the value of the american people out. it is time to put this to an end, restore tariffs as the founding fathers intended them to be. it is supposed to be about us and not the multinational corporations. host: what office are you running for in jersey? caller: for the state assembly in the 24th district. host: what do you think? it pretty passionate collar. guest: very passionate, and free tic -- free trade deals are difficult in congress. if you talk to people like charlie rangel, was the former chairman of the ways and means, he would say that the constituency for job losses to trade, even if it is a smaller number, they speak more loudly than the ones to benefit. the ones who benefit -- one of the benefits is a floor prices. if you look at the cost of a house
mark from new jersey, independent scholar. caller: i was on the phone this morning talking about what you are talking about here. by running for statewide office here in new jersey. i am completely against the trade deals. we take and shipping our jobs overseas. we sell the value of the american people out. it is time to put this to an end, restore tariffs as the founding fathers intended them to be. it is supposed to be about us and not the multinational corporations. host: what office are you...
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Jul 6, 2011
07/11
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host: weary in new jersey, you are next. -- larry in new jersey. caller: when you refer to broadening the base. guest: their earned income credit could be part of any kind of tax reform solution. it is important to remember that the earned income credit does have a direct effect on federal spending, because part of it is refundable. in other words, people can obtain an additional amount of credit and access -- in excess of the tax liability. president obama's latest proposal had upwards of $150 billion worth of refundable tax credits that would have a direct impact on the deficit. that might need to be explored, but there are many tax reform plans that would have some kind of liberation of the e.i.c. or in the case of national retail sales tax, a very large exemption that would have almost the effect of an e.i.c., and at least so far that it would zero out the tax liability. host: next calller from virginia. caller: i would like to get away from the discussion of the numbers and philosophy and talk about the characters that are driving. in virginia
host: weary in new jersey, you are next. -- larry in new jersey. caller: when you refer to broadening the base. guest: their earned income credit could be part of any kind of tax reform solution. it is important to remember that the earned income credit does have a direct effect on federal spending, because part of it is refundable. in other words, people can obtain an additional amount of credit and access -- in excess of the tax liability. president obama's latest proposal had upwards of $150...
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Jul 8, 2011
07/11
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next is a call from clinton, new jersey. jean, a republican. caller: i think a great way to trim the budget would be the $1 trillion we spend on the war on drugs in the past 40 years, since president nixon started this. in fact, a representative steve cohen from tennessee on june 15 was very brave and stood up and gave a five-minute talk in front of the house of representatives and one -- went through what a failure of this has been. $1 trillion so far. for example, it is about $10,000 per marijuana arrest. new york city, which definitely has financial problems, 50,000 marijuana arrests over the past year. i know many states, including new jersey, have medical marijuana laws now but my governor will not enact the medical marijuana procedures that has been passed by the legislature because marijuana is scheduled i and he cannot get assurances from the justice department that state employees who are doing this health program will not be arrested. host: from new jersey, a way to cut the budget deficit. next is a call from baltimore. walter, indepe
next is a call from clinton, new jersey. jean, a republican. caller: i think a great way to trim the budget would be the $1 trillion we spend on the war on drugs in the past 40 years, since president nixon started this. in fact, a representative steve cohen from tennessee on june 15 was very brave and stood up and gave a five-minute talk in front of the house of representatives and one -- went through what a failure of this has been. $1 trillion so far. for example, it is about $10,000 per...
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Jul 30, 2011
07/11
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our representatives from new jersey -- how will they consider my views? i called and said, if he loses the next election, he can think president obama, harry reid, nancy pelosi, who says you have to pass the bill to find out what is in it. host: in the business section of this morning's new york post, they write in an extraordinary group meeting yesterday with 20 large banks that serve as primary dealers, executives want to outline a game plan to deal with the auction and maturing debt. that is should washington not agree on a plan to raise the borrowing limit. they say that the timothy ner tried to rally people yesterday in a meeting. next caller. caller: they say they are trying to work on it, but people voted both sides in. there is no middle class in a more, just the high end the low. host: our last call from this segment comes from the independent line in indiana. go ahead. caller: i wanted to make a comment. it was about black people only been in welfare. they should come to indiana and see how our system is, not just black citizens but hispanic cit
our representatives from new jersey -- how will they consider my views? i called and said, if he loses the next election, he can think president obama, harry reid, nancy pelosi, who says you have to pass the bill to find out what is in it. host: in the business section of this morning's new york post, they write in an extraordinary group meeting yesterday with 20 large banks that serve as primary dealers, executives want to outline a game plan to deal with the auction and maturing debt. that is...
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Jul 7, 2011
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host: maplewood, new jersey. william, 91. caller: first of all, the money that i am getting is from the earnings of money that has been collected in my name and all of it has been my salary. host: will you turn down the volume on your television, please? yes, turn that it down and just listened through the phone and go ahead and make your statement. please, go ahead. we are listening. william? you are on the air. we are listening to you. don't listen to the tv. caller: the thing about this is the money that is in the social security fund is my money, money and that i gave, taxed every month. excuse me -- i am 91. i got an excuse. but also there is money given as part of my salary or income, board of education, or the state, added to my total. so, if you take that money, you are taking my money. host: how many years have you been receiving -- how many years have you been receiving social security? caller: since i was 83 -- 83 cents. host: 1983? the you think you received more in benefits than you paid in? caller: it doesn't ma
host: maplewood, new jersey. william, 91. caller: first of all, the money that i am getting is from the earnings of money that has been collected in my name and all of it has been my salary. host: will you turn down the volume on your television, please? yes, turn that it down and just listened through the phone and go ahead and make your statement. please, go ahead. we are listening. william? you are on the air. we are listening to you. don't listen to the tv. caller: the thing about this is...
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Jul 25, 2011
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host: manchester, new jersey. caller: the lady from maryland addressed a comment that i was going to make which is very simply this. it sounds like the guys on the inside of the department of defense are protecting their friends on the outside in the contract. companies and vice versa. it is disgusting. guest: there are regulations in place in terms of what you can do in your next job when you retire from the military. those typically come with time limits. certainly there are those in the military, as with across the government, and pretty much everywhere else who are always looking for their next jobs. host: do you hear concerns like a bat on the inside? guest: not so much, however i was looking at the parts issue, the inventory problem, because this is so indicative of what is going on in the larger basis. this is something that comes up when i talk to investigators. you cannot look at the current program manager and say, "one day he will go look for lockheed martin, boeing, raytheon." it is not until after the
host: manchester, new jersey. caller: the lady from maryland addressed a comment that i was going to make which is very simply this. it sounds like the guys on the inside of the department of defense are protecting their friends on the outside in the contract. companies and vice versa. it is disgusting. guest: there are regulations in place in terms of what you can do in your next job when you retire from the military. those typically come with time limits. certainly there are those in the...
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Jul 23, 2011
07/11
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steve sweeney, the president of the iron workers union in new jersey if i'm not mistaken. >> theater. and runs the state senate. >> he said that. >> would,ed with governor christy to reform the pensions there, at the end of the day on health care, the unions did not want collective bargaining he says, they wanted better benefits written into law, embedded into the statute. so-- >> that would be a better way to go. >> for anyone who thinks that collective bargaining is a fundamental right of the constitution, even unions were ready to give it away for a better deal. >> all right, everybody. we have to take one more break, when we come back, hits and misses of the week for you. my doctor told me calcium is besabsorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. >> and now the ever popular time for our hits and misses of the week and james, you're first. >> well, this is a big hit to michele bachmann, stu. this is not necessaril
steve sweeney, the president of the iron workers union in new jersey if i'm not mistaken. >> theater. and runs the state senate. >> he said that. >> would,ed with governor christy to reform the pensions there, at the end of the day on health care, the unions did not want collective bargaining he says, they wanted better benefits written into law, embedded into the statute. so-- >> that would be a better way to go. >> for anyone who thinks that collective bargaining...
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Jul 24, 2011
07/11
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steve sweeney, the president of the iron workers union in new jersey if i'm not mistaken. >> theater. and runs the state senate. >> he said that. >> would,ed with governor christy to reform the pensions there, at the end of the day on health care, the unions did not want collective bargaining he says, they wanted better benefits written into law, embedded into the statute. so-- >> that would be a better way to go. >> for anyone who thinks that collective bargaining is a fundamental right of the constitution, even unions were ready to give it away for a better deal. >> all right, everybody. we have to take one more break, when we come back, hits and misses of the week for you. woman: saving for our child's college fund was getting expensive. man: yes it was. so to save some money, we taught our 5 year old how to dunk. woman: scholarship! woman: honey go get him. anncr: there's an easier way to save. get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. so i took my heartburn pill and some antacids. we're having mexican tonight, so another pil
steve sweeney, the president of the iron workers union in new jersey if i'm not mistaken. >> theater. and runs the state senate. >> he said that. >> would,ed with governor christy to reform the pensions there, at the end of the day on health care, the unions did not want collective bargaining he says, they wanted better benefits written into law, embedded into the statute. so-- >> that would be a better way to go. >> for anyone who thinks that collective bargaining...
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Jul 20, 2011
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new jersey, john on the independent line. caller: good morning, gentlemen. i would like to ask alex if the reason why journalists in great britain are so aggressive to get the story is because the law system is you are guilty until proven innocent. the other point is, yesterday, rupert murdoch i looked like -- rupert murdoch looked like junior soprano on the tv series. guest: well, i missed that part of "the sopranos." i will have to catch up. host: rebekah brooks was arrested. do you number status? gues -- do you know for status? guest: it is a little less serious than it is. it means you have been taken in for questioning. none of the people at "news of the world" had been charged yet. some have been arrested. th
new jersey, john on the independent line. caller: good morning, gentlemen. i would like to ask alex if the reason why journalists in great britain are so aggressive to get the story is because the law system is you are guilty until proven innocent. the other point is, yesterday, rupert murdoch i looked like -- rupert murdoch looked like junior soprano on the tv series. guest: well, i missed that part of "the sopranos." i will have to catch up. host: rebekah brooks was arrested. do you...
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Jul 2, 2011
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new jersey spends $300,000 for a classroom of 20. it's not the money. more money won't help education. only choice and accountability will. brooklyn new york, you are next, independent line, mike. caller: yes. it's really all so simple. i mean why do we have to give money to all of these foreign countries? we are so unliked all over the world and we just give money away. you know, we are willing to tax ourselves, give up our pensions, give up our medicare and just hand money out that we don't have. we no longer have it, so we can no longer give it. you know, nobody can hate us for that. please, people, wake up, man. you know, we are giving money away that we don't have. why should we lose anything? thank you. >> this is from the caucus section of the new york times this morning, tim pawlenty collecting $10.2 million saying that since general election money raised now will not be available to mr. pawlenty until or unless he remained the nomination. people close to mr. pawlenty's campaign suggested early in the week that he would report under 5 mil xwron
new jersey spends $300,000 for a classroom of 20. it's not the money. more money won't help education. only choice and accountability will. brooklyn new york, you are next, independent line, mike. caller: yes. it's really all so simple. i mean why do we have to give money to all of these foreign countries? we are so unliked all over the world and we just give money away. you know, we are willing to tax ourselves, give up our pensions, give up our medicare and just hand money out that we don't...
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Jul 29, 2011
07/11
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host: new jersey, you're our last caller. you're on the air. caller: hi. i have a question for everyone. who will really make out if there is a default? who will really make out if the interest rates go up? host: do you have an answer? caller: i have an answer, toosm i'll remember when interest rates were high. i was getting 13% on my money. and i remember people wanting to borrow short term for 25% to 35%, and i made a lot of money. and i believe now there are a lot of people sitting on cash, a lot of big banks, a lot of big corporations, there are a lot of people that are sitting on capital that will really profit from this, and i think they're behind or fueling a lot of the statements that are being made about what's going on. i think they really want to happen. forgive me for asking this question, but you said you're divorced, warring a wedding ring. i'm confused. guest: yes, i've been married for five years now. i was divorced. my first marriage, eight years ago. look, i don't know. it's an interesting theory who would benefit. here's all i know. we'd
host: new jersey, you're our last caller. you're on the air. caller: hi. i have a question for everyone. who will really make out if there is a default? who will really make out if the interest rates go up? host: do you have an answer? caller: i have an answer, toosm i'll remember when interest rates were high. i was getting 13% on my money. and i remember people wanting to borrow short term for 25% to 35%, and i made a lot of money. and i believe now there are a lot of people sitting on cash,...
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Jul 21, 2011
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caller: i'm josh from new jersey. host: go ahead. caller: my family all things obama is so wrong about the limit we are discussing. he needs to address the problems of the nation in that we are all, all, all, all -- we are all trying to payoff a debt that he cannot deal with. host: as far as your confidence level, do you think he'll be able to do that by august 2? caller: we, republicans, are trying to deal with it. he's not trying to address it in a way that's actually going to pay it off in any sort of time that's going to be dealt with in terms we are doing next couple years, next eight years gone. so, no, no, no. i've got a lot to say. i wish the republican's fear about that. host: again, reach us on various lines on your screen and email and twitter too. too much too late? saying mr. obama has kept his sights on raising the debt limit before borrowed money runs out in less than two weeks. host: virginia on the republican line. caller: good morning. thank you for taking my call. after listening to the debates back and forth, it s
caller: i'm josh from new jersey. host: go ahead. caller: my family all things obama is so wrong about the limit we are discussing. he needs to address the problems of the nation in that we are all, all, all, all -- we are all trying to payoff a debt that he cannot deal with. host: as far as your confidence level, do you think he'll be able to do that by august 2? caller: we, republicans, are trying to deal with it. he's not trying to address it in a way that's actually going to pay it off in...
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Jul 14, 2011
07/11
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jersey will spend $130 billion lesson the pension system. that means the government services people pay for is $130 billion over 30 years. that's real money in real time. a lot of people today would be alive in 30 years and save that property tax. he has the name i.d. they know who he is. they've heard of his successes. the idea you had to announce months ago is true for most americans. they don't have to introduce or explain themselves in the same way. host: coming up, we'll look at the legacy of betty ford and the role of first ladies. up next, the co-chair of the professional caucus, congressman grijalva. >> blooum news reports president obama may head to a camp david summit lawmakers told they have until tomorrow to decide whether they can reach a deal. some positive economic news from jp morgan chase. the company reports the soaked quarter income rose 13%. their stock rising.2% refusing a call. it is unclear if they can be compelled to testify. the government on the issue at the now closed newspaper. those are some of the latest headlin
jersey will spend $130 billion lesson the pension system. that means the government services people pay for is $130 billion over 30 years. that's real money in real time. a lot of people today would be alive in 30 years and save that property tax. he has the name i.d. they know who he is. they've heard of his successes. the idea you had to announce months ago is true for most americans. they don't have to introduce or explain themselves in the same way. host: coming up, we'll look at the legacy...
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Jul 20, 2011
07/11
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a frenchman returns the overall jersey. contador has close the gap ahead of the critical alpine stages. -- has closed the gap. and atlantis and its crew of four astronauts have been at the international space station delivering supplies and taking out the trash. when it returns, it will go into retirement and and the three- decade-long program. -- and end the program. a pretty long way to go to take >> welcome back to business "in depth." or earnings season in the united states. bank of america reported a loss. the loss of subprime mortgages drag on results as the bank paid out $8.50 million in those who lost money in mortgage-backed securities. the ceo brian moynihan says the performance was strong without the one-time payment posting a profit of $3.70 billion. if credit costs, improved sales, and trading revenues, as well as higher asset management fees are just some of the areas of growth. well, for a closer look at that story in an update on the tuesday trading session, let's go to the trading session in new york. tell
a frenchman returns the overall jersey. contador has close the gap ahead of the critical alpine stages. -- has closed the gap. and atlantis and its crew of four astronauts have been at the international space station delivering supplies and taking out the trash. when it returns, it will go into retirement and and the three- decade-long program. -- and end the program. a pretty long way to go to take >> welcome back to business "in depth." or earnings season in the united states....
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Jul 9, 2011
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times" -- people are reacting on twittered -- -- point pleasant, new jersey on our independent line, good morning. caller: good morning. wife shoulds lovely get a lot of credit for the addiction problem she had. the reason why i called is because addictions, regardless of alcohol or whatever, should be classified as a medical problem, not a medical probe -- not a criminal problem. anybody can be addictive. in this country, we put people in jail for a little bag of weed or whatever. i don't smoke or drink or do anything but i have sympathy is for people who get caught with a little bit of what ever and get thrown in jail. host: how do you think she change the nature of the discussion about addiction? caller: to be exposed to all the criticism back an hour days when it was frowned upon. i believe that this should be handled in a medical format, host: democrats line, good morning. caller: good morning. i would like to say that i was a very young woman in 1976. i remember her talking about the equal rights amendment and i admired her so much. she was a child of an alcoholic and came out
times" -- people are reacting on twittered -- -- point pleasant, new jersey on our independent line, good morning. caller: good morning. wife shoulds lovely get a lot of credit for the addiction problem she had. the reason why i called is because addictions, regardless of alcohol or whatever, should be classified as a medical problem, not a medical probe -- not a criminal problem. anybody can be addictive. in this country, we put people in jail for a little bag of weed or whatever. i don't...
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Jul 18, 2011
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host: new jersey, independent. caller: i do not agree with you about having some cuts to social security and other expenses. there should be cuts on a lot of wasted programs in the government. we cannot just continue our spending. it is out of control. 40 cents of every dollar is spent -- it is to sustain our lifestyle. the comment about taking a clean vote for the debt ceiling. that is a cop out. congress needs to do their job. they need to make these hard choices. we will have to increase taxes on the wealthy. they are paying 14% that is ridiculous. we have to raise taxes on the rich. look, we're going to have to make some cuts. some of the cuts they're talking about are not great. i do not think he should cut such as security, but if you have to, compromise to get a big deal done, that is fine. education is a bad cut. right now we're falling further and further behind the rest of the world in education. if they have to make some sort of cuts there, you may have to do it. we may not even have a country to worry a
host: new jersey, independent. caller: i do not agree with you about having some cuts to social security and other expenses. there should be cuts on a lot of wasted programs in the government. we cannot just continue our spending. it is out of control. 40 cents of every dollar is spent -- it is to sustain our lifestyle. the comment about taking a clean vote for the debt ceiling. that is a cop out. congress needs to do their job. they need to make these hard choices. we will have to increase...
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Jul 5, 2011
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caller: i am with that dell in new jersey. americans, unfortunately, will lead to it, as they are used to being told what to do. if we had a 3 cent tax we would bring in $420 billion per year. we can dig ourselves out of this. host: that is vic in iowa. thank you to all of the callers that participated in the first segment. coming up later, federal background checks and creating high-performance government. but coming up next after this break, a discussion in 2012 fund-raising as we head towards election day. you are watching "washington journal." we will be right back. ♪ ♪ >> hello, program? >> roger, discovery. >> nasa is on schedule for the final delivery of the space shuttle program this friday. look back at the shuttle program, starting with the launch of columbia 30 years ago. explore what is ahead for nasa online at the c-span video library. >> id used to be that we did not release transcripts of arguments, and that we release them within half an hour. it used to be that audio recordings were released at the end of
caller: i am with that dell in new jersey. americans, unfortunately, will lead to it, as they are used to being told what to do. if we had a 3 cent tax we would bring in $420 billion per year. we can dig ourselves out of this. host: that is vic in iowa. thank you to all of the callers that participated in the first segment. coming up later, federal background checks and creating high-performance government. but coming up next after this break, a discussion in 2012 fund-raising as we head...
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host: let's hear from a democratic caller from new jersey. welcome. good morning. caller: i just wanted to say that i think both sides are just out of control. i wonder how long it will be before people wake up and realize that this debt is never going to get paid back. the cards will fall where they will bank the kids of the future -- you are putting it all on their in shoulders. do you think they will say let me spend 70% of my paycheck every week to finance the government? no, they will not do that. sooner or later you will wake up and realize that you have to cut. you are like heroin addicts at. it is like a black called. when will it end. -- it is like a black hole of. when will it end? guest: the tax breaks given to millionaires -- we could close all sorts of tax loopholes on corporate jets to big oil companies. there is a variety of ways that we could recapture the revenue that was given away during the bush years. there are ways to reduce the deficit. i do think that we will do that and do it over time. my concern is attaching two issues that should not be
host: let's hear from a democratic caller from new jersey. welcome. good morning. caller: i just wanted to say that i think both sides are just out of control. i wonder how long it will be before people wake up and realize that this debt is never going to get paid back. the cards will fall where they will bank the kids of the future -- you are putting it all on their in shoulders. do you think they will say let me spend 70% of my paycheck every week to finance the government? no, they will not...
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independentgo to in caller in hackensack, new jersey, good morning. caller: good morning, i think both sides have a completely wrong. the real issue is the federal reserve bank. there is a video you can see on bogle which i encourage every american to watch. we're not taught in school. it is called "the money masters" and gives it a history of the federal reserve bank. our founders learn specifically from europe and they did not want private bankers running the country. they issued that only our treasury should issue money. when our government borrows money from the federal reserve bank, they have to pay this debt back plus interest and this is why we will never ever get out of debt. the few presidents that changed this and have our own national bank without private bankers making interest got us out of debt over history. every american, every politician must watch this video on google. it is called the "money masters." when we can issue our own money and get these private bankers out of our government, we will end wars and and all this stuff which sh
independentgo to in caller in hackensack, new jersey, good morning. caller: good morning, i think both sides have a completely wrong. the real issue is the federal reserve bank. there is a video you can see on bogle which i encourage every american to watch. we're not taught in school. it is called "the money masters" and gives it a history of the federal reserve bank. our founders learn specifically from europe and they did not want private bankers running the country. they issued...
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host: let's go to a democrat in new jersey. caller: good morning. host: good morning. caller: please be patient with me. you disparaged the president a few minutes ago for using the word "framework" and then you used it many times, which i find it perplexing. you represent a district where the median income is $30,000. it's curious to me why you are fighting so hard to protect rich people from paying higher taxes when they are paying an average effective tax rate of 18%. it does not make any sense. i'm just wondering if it is because you -- your largest corporate contributor is exxon mobil and i guess you get money from american crossroads, freedomworks, and others. i'm wondering why you are not representing the interests of the average voter in your district. guest: they would say i represent them and their philosophy is very well. we have a wonderful congressional district, one of the most conservative in the nation, which is heavily geared toward manufacturing and agriculture. varying interest when it comes to the economy. one of high unemployment, quite frankly. as
host: let's go to a democrat in new jersey. caller: good morning. host: good morning. caller: please be patient with me. you disparaged the president a few minutes ago for using the word "framework" and then you used it many times, which i find it perplexing. you represent a district where the median income is $30,000. it's curious to me why you are fighting so hard to protect rich people from paying higher taxes when they are paying an average effective tax rate of 18%. it does not...
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host: livingston, new jersey. diane. caller: i saw a special called coders."co it said a lot to do that when business is do business in china, they often have to hand over a there-- the manufacturers were implanting hardware that could be trojans that could monitor people's keystrokes and their activities online. a company scanned any computer. the woman said it was a heaven for the contractors. they will move forward and put these systems -- they want to encourage the banking, on-line banking. they are not creating secure networks. it is create national security and vulnerability. they collect our information without asking us and wanted create businesses to protect and it. i would like him to address this. host: thank you. guest: the caller raises a question. this is where they are getting the components for computers and electronics symptoms -- systems. there was an official from the homeland security department that was testifying in congress and talked about the issue of malicious code being put into electronic components. that is something that has raise
host: livingston, new jersey. diane. caller: i saw a special called coders."co it said a lot to do that when business is do business in china, they often have to hand over a there-- the manufacturers were implanting hardware that could be trojans that could monitor people's keystrokes and their activities online. a company scanned any computer. the woman said it was a heaven for the contractors. they will move forward and put these systems -- they want to encourage the banking, on-line...
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new jersey. go ahead. caller: good morning. i would just like to say that i wish that the congress would do like the president said and try to put aside their issues just this once. so that the country can be saved economically. i'm so tired of the posturing that they continue to do in the house of representatives, the congress, and they fight so much with the president. i think that everybody needs to come together for the greater good of the american people. which is the issue. host: off of twitter this morning adds this. madison, wisconsin. good morning. independent line. caller: good morning. thank you for taking my call this morning. it's really a no-brainer. definitely congress should compromise and they should look at the examples of other aspects of american society like our military, like our first responders. what if these people have the attitude of congress that no matter what, i'm not going to compromise with you because i have a different point of view? we've got to learn to come together as americans. we have tro
new jersey. go ahead. caller: good morning. i would just like to say that i wish that the congress would do like the president said and try to put aside their issues just this once. so that the country can be saved economically. i'm so tired of the posturing that they continue to do in the house of representatives, the congress, and they fight so much with the president. i think that everybody needs to come together for the greater good of the american people. which is the issue. host: off of...
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now to the democratic line with lawrence from new jersey. welcome. caller: thanks for taking my call. >> is the constitution still relevant? i don't think it does. most americans don't know anything about the treaty of kent. it says to return things to the way they were before. we established the federal government, the irs, and federal income-tax. anniversary ofe 2 the signing of this treaty. rights will be taken away. host: here's a comment from twitter. here's another comment on twitter. let's take a look at some final numbers. this is from culpeper, virginia. thanks for all your calls this morning. we will be back in a few moments talking about topics ranging from white people serve in the military to what americans think about patriotism. we will be right back. >> ♪ >> today on c-span, the dalai lama and vincent harding talk about non-violence. they spoke with more than 10,000 people at the university of arkansas discussing osama bin laden's death. as well as the nuremberg trials and execution of sadaam hussein, and the death penalty. >> in th
now to the democratic line with lawrence from new jersey. welcome. caller: thanks for taking my call. >> is the constitution still relevant? i don't think it does. most americans don't know anything about the treaty of kent. it says to return things to the way they were before. we established the federal government, the irs, and federal income-tax. anniversary ofe 2 the signing of this treaty. rights will be taken away. host: here's a comment from twitter. here's another comment on...
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to ocean city, new jersey. you are on the air. caller: hello. good morning, america. i kind of do not agree with the republican agenda. i just wanted to make that statement. i really feel like they want to take away benefits to people on social security, yet they give subsidies to billionaire oil companies. to me, that does not make any sense. social security is, sort of, an asset. as far as the constitution, one crazy question. we are talking about impeachment of the president. is there any way that the general public can remove members of congress from their seats in sort of a public impeachment of people who do not do their jobs and lollygag? guest: you cannot recall your congressman except for every two years in the house and every four years for the senate. a lot of callers are bringing a general position on their views of social security. for example, medicare, defense, and so on. that is one of the things that makes this so hard. this is a game of chicken. everybody knows that a kind of has to get done and we come to the table. here is a game of chicken where e
to ocean city, new jersey. you are on the air. caller: hello. good morning, america. i kind of do not agree with the republican agenda. i just wanted to make that statement. i really feel like they want to take away benefits to people on social security, yet they give subsidies to billionaire oil companies. to me, that does not make any sense. social security is, sort of, an asset. as far as the constitution, one crazy question. we are talking about impeachment of the president. is there any...
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there were huge problems in its new jersey and in the past. in illinois, rod blagojevich is it going off to jail unless he wins his appeal. clearly, fraud is something that goes with politics and government. hopefully, we can cut it to the most extent possible. you also said something about the trade agreements. here in the united states, we did not impose any import restrictions on products from the central american free-trade agreement countries. and no import quotas or tariffs. at that agreement, those countries to lower their taxes or any restrictions they had on u.s. products. it was a total win for the united states. the same thing for the columbia free trade agreement. we have no import taxes. this trade agreement would make it easier for u.s. products to be shipped. host: jimmy on twitter asks -- guest: well, i think tim pawlenty got it right when he said we should have a goal in the 45% growth. i do not think we can make their goal every year but it is a good goal to have. let's have everyone come up with the best ideas we can to get
there were huge problems in its new jersey and in the past. in illinois, rod blagojevich is it going off to jail unless he wins his appeal. clearly, fraud is something that goes with politics and government. hopefully, we can cut it to the most extent possible. you also said something about the trade agreements. here in the united states, we did not impose any import restrictions on products from the central american free-trade agreement countries. and no import quotas or tariffs. at that...